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Trilogy Metals Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Nov 30, 2025 FY 2024Nov 30, 2024 FY 2023Nov 30, 2023 FY 2022Nov 30, 2022 FY 2021Nov 30, 2021
Total Revenue 0.00 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00 0.00
Cost Of Revenue 0.00 4,000 8,000 17,000 21,000
Gross Profit 0.00 -4,000 -8,000 -17,000 -21,000
Selling General And Administration 9.1M 6.6M 7.0M 6.7M 7.8M
General And Administrative Expense 9.1M 6.6M 7.0M 6.7M 7.8M
Depreciation And Amortization In Income Statement -- -- 8,000 17,000 21,000
Other Operating Expenses 327,000 108,000 173,000 230,000 745,000
Operating Expense 9.4M 6.7M 7.2M 6.9M 8.6M
Operating Income -9.4M -6.7M -7.2M -6.9M -8.6M
EBIT -9.4M -6.7M -7.2M -6.9M -8.6M
Interest Income 1.2M 748,000 120,000 34,000 16,000
Interest Income Non Operating 1.2M 748,000 120,000 34,000 16,000
Net Interest Income 1.2M 748,000 120,000 34,000 16,000
Other Income Expense -34.0M -2.6M -7.8M -17.3M -13.1M
Other Non Operating Income Expenses -- 63,000 -- -- 22,000
Special Income Charges -- 0.00 0.00 -6,000 0.00
Gain On Sale Of Security -22.6M 1,000 -5,000 18,000 -36,000
Earnings From Equity Interest -11.4M -2.6M -7.8M -17.4M -13.1M
Pretax Income -42.2M -8.6M -15.0M -24.3M -21.7M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -42.2M -8.6M -15.0M -24.3M -21.7M
Net Income From Continuing Operation Net Minority Interest -42.2M -8.6M -15.0M -24.3M -21.7M
Net Income Including Noncontrolling Interests -42.2M -8.6M -15.0M -24.3M -21.7M
Net Income Common Stockholders -42.2M -8.6M -15.0M -24.3M -21.7M
Net Income -42.2M -8.6M -15.0M -24.3M -21.7M
EBITDA -9.4M -6.7M -7.2M -6.9M -8.6M
Normalized EBITDA 13.1M -6.7M -7.2M -6.9M -8.5M
Reconciled Depreciation 0.00 4,000 8,000 17,000 21,000
Basic EPS -0.26 -0.05 -0.10 -0.17 -0.15
Diluted EPS -0.26 -0.05 -0.10 -0.17 -0.15
Basic Average Shares 164.8M 159.8M 152.6M 145.7M 144.4M
Diluted Average Shares 164.8M 159.8M 152.6M 145.7M 144.4M
Total Unusual Items -22.6M 1,000 -5,000 12,000 -36,000
Total Unusual Items Excluding Goodwill -22.6M 1,000 -5,000 12,000 -36,000
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -19.7M -8.6M -14.9M -24.3M -21.6M
Amortization -- -- 8,000 17,000 21,000
Amortization Of Intangibles Income Statement -- -- 8,000 17,000 21,000
Depreciation Amortization Depletion Income Statement -- -- 8,000 17,000 21,000
Diluted NI Availto Com Stockholders -42.2M -8.6M -15.0M -24.3M -21.7M
Gain On Sale Of Business -- -- 0.00 84,000 0.00
Gain On Sale Of Ppe -- 0.00 0.00 84,000 0.00
Impairment Of Capital Assets -- 0.00 0.00 90,000 0.00
Net Income Continuous Operations -42.2M -8.6M -15.0M -24.3M -21.7M
Net Non Operating Interest Income Expense 1.2M 748,000 120,000 34,000 16,000
Other Gand A 3.4M 2.1M 2.4M 2.3M 2.3M
Reconciled Cost Of Revenue 0.00 4,000 8,000 17,000 21,000
Salaries And Wages 5.7M 4.4M 4.6M 4.4M 5.5M
Total Expenses 9.4M 6.7M 7.2M 6.9M 8.6M
Line Item FY 2025Nov 30, 2025 FY 2024Nov 30, 2024 FY 2023Nov 30, 2023 FY 2022Nov 30, 2022 FY 2021Nov 30, 2021
Cash And Cash Equivalents 51.6M 25.8M 2.6M 2.6M 6.3M
Cash Cash Equivalents And Short Term Investments 51.6M 25.8M 2.6M 2.6M 6.3M
Cash Financial 51.6M 25.8M 2.6M 2.6M 6.3M
Accounts Receivable 118,000 16,000 33,000 17,000 --
Receivables 118,000 16,000 33,000 17,000 19,000
Prepaid Assets 193,000 195,000 259,000 320,000 285,000
Current Assets 51.9M 26.0M 2.9M 2.9M 6.6M
Gross PPE 117,000 155,000 117,000 331,000 832,000
Accumulated Depreciation -- -- -- -41,000 -202,000
Net PPE 117,000 155,000 117,000 331,000 630,000
Investments And Advances 105.3M 107.5M 135.0M 142.8M 160.1M
Long Term Equity Investment 105.3M 107.5M 135.0M 142.8M 160.1M
Total Non Current Assets 105.4M 107.7M 135.1M 143.1M 160.7M
Total Assets 157.3M 133.7M 138.0M 146.0M 167.3M
Current Debt And Capital Lease Obligation 41,000 37,000 33,000 189,000 179,000
Accounts Payable 646,000 196,000 146,000 188,000 205,000
Payables 646,000 196,000 146,000 188,000 205,000
Payables And Accrued Expenses 2.3M 756,000 432,000 345,000 852,000
Current Accrued Expenses 1.7M 560,000 286,000 157,000 647,000
Other Current Liabilities 30.7M -- -- -- --
Current Liabilities 33.1M 793,000 465,000 534,000 1.0M
Long Term Debt And Capital Lease Obligation 70,000 110,000 -- 33,000 235,000
Long Term Capital Lease Obligation 70,000 110,000 0.00 33,000 235,000
Total Non Current Liabilities Net Minority Interest 70,000 110,000 0.00 33,000 235,000
Total Liabilities Net Minority Interest 33.2M 903,000 465,000 567,000 1.3M
Common Stock 225.2M 190.5M 187.9M 182.2M 180.8M
Capital Stock 225.2M 190.5M 187.9M 182.2M 180.8M
Additional Paid In Capital 4.2M 3.9M 3.2M 2.8M 1.8M
Retained Earnings -132.6M -90.4M -81.8M -66.9M -42.6M
Common Stock Equity 124.1M 132.8M 137.6M 145.4M 166.0M
Stockholders Equity 124.1M 132.8M 137.6M 145.4M 166.0M
Total Equity Gross Minority Interest 124.1M 132.8M 137.6M 145.4M 166.0M
Total Capitalization 124.1M 132.8M 137.6M 145.4M 166.0M
Net Tangible Assets 124.1M 132.8M 137.6M 145.4M 166.0M
Tangible Book Value 124.1M 132.8M 137.6M 145.4M 166.0M
Working Capital 18.8M 25.3M 2.4M 2.4M 5.6M
Invested Capital 124.1M 132.8M 137.6M 145.4M 166.0M
Total Debt 111,000 147,000 33,000 222,000 414,000
Share Issued 171.1M 161.1M 155.9M 146.2M 145.0M
Ordinary Shares Number 171.1M 161.1M 155.9M 146.2M 145.0M
Buildings And Improvements 117,000 155,000 113,000 319,000 482,000
Capital Lease Obligations 111,000 147,000 33,000 222,000 414,000
Current Capital Lease Obligation 41,000 37,000 33,000 189,000 179,000
Investmentsin Joint Venturesat Cost 105.3M 107.5M 135.0M 142.8M 160.1M
Leases -- -- -- 53,000 53,000
Machinery Furniture Equipment -- -- -- 0.00 178,000
Other Equity Interest 27.3M 28.8M 28.2M 27.4M 26.0M
Other Properties -- -- 4,000 12,000 119,000
Taxes Receivable -- -- -- 17,000 19,000
Line Item FY 2025Nov 30, 2025 FY 2024Nov 30, 2024 FY 2023Nov 30, 2023 FY 2022Nov 30, 2022 FY 2021Nov 30, 2021
Operating Cash Flow -3.2M -1.8M -3.1M -3.9M -5.1M
Cash Flow From Continuing Operating Activities -3.2M -1.8M -3.1M -3.9M -5.1M
Depreciation And Amortization 0.00 4,000 8,000 17,000 21,000
Depreciation Amortization Depletion 0.00 4,000 8,000 17,000 21,000
Stock Based Compensation 3.3M 3.5M 3.9M 3.4M 3.5M
Change In Working Capital 1.7M 405,000 -19,000 -568,000 -27,000
Changes In Account Receivables 8,000 17,000 -16,000 2,000 110,000
Change In Receivables 8,000 17,000 -16,000 2,000 110,000
Change In Payables And Accrued Expense 1.7M 324,000 -64,000 -506,000 -36,000
Other Non Cash Items 32,000 196,000 133,000 98,000 -15,000
Capital Expenditure -- -- -- -- -119,000
Purchase Of PPE -- -- -- 0.00 -119,000
Net PPE Purchase And Sale -- 0.00 0.00 142,000 0.00
Purchase Of Business -1.0M 0.00 0.00 -- --
Sale Of Business 0.00 25.0M 0.00 0.00 --
Investing Cash Flow -1.0M 25.0M 0.00 142,000 -119,000
Cash Flow From Continuing Investing Activities -1.0M 25.0M 0.00 142,000 0.00
Issuance Of Capital Stock 24.3M 0.00 3.1M 0.00 0.00
Net Common Stock Issuance 24.3M 0.00 3.1M 0.00 0.00
Financing Cash Flow 30.0M 74,000 3.1M 54,000 416,000
Cash Flow From Continuing Financing Activities 30.0M 74,000 3.1M 54,000 416,000
Effect Of Exchange Rate Changes 17,000 -2,000 -5,000 4,000 3,000
Changes In Cash 25.8M 23.2M 22,000 -3.7M -4.8M
Beginning Cash Position 25.8M 2.6M 2.6M 6.3M 11.1M
End Cash Position 51.6M 25.8M 2.6M 2.6M 6.3M
Free Cash Flow -3.2M -1.8M -3.1M -3.9M -5.1M
Amortization Cash Flow 0.00 4,000 8,000 17,000 21,000
Amortization Of Intangibles 0.00 4,000 8,000 17,000 21,000
Asset Impairment Charge -- 0.00 0.00 90,000 0.00
Change In Prepaid Assets 2,000 64,000 61,000 -64,000 -101,000
Common Stock Issuance 24.3M 0.00 3.1M 0.00 0.00
Earnings Losses From Equity Investments 11.4M 2.6M 7.8M 17.4M 13.1M
Gain Loss On Investment Securities 22.6M -- -- -- --
Gain Loss On Sale Of PPE -- 0.00 0.00 -84,000 0.00
Net Business Purchase And Sale -1.0M 25.0M 0.00 0.00 --
Net Foreign Currency Exchange Gain Loss -17,000 -2,000 5,000 -18,000 10,000
Net Income From Continuing Operations -42.2M -8.6M -15.0M -24.3M -21.7M
Net Other Investing Changes -- -- -- -- -119,000
Operating Gains Losses 34.0M 2.6M 7.8M 17.3M 13.1M
Proceeds From Stock Option Exercised 5.7M 74,000 0.00 54,000 416,000
Sale Of PPE -- 0.00 0.00 142,000 0.00
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